Monese

Acquirer: Pockit

Pockit has acquired FinTech Monese in a strategic transaction that combines their customer bases and regulatory capabilities, positioning the combined entity to better serve underserved banking customers. Summary of transaction details: Value: Undisclosed Sector: Fintech Advisor: Not disclosed Key Entities: Monese and Pockit Location: Cardiff, UK (Pockit) and London, UK (Monese) Note: The deal reflects Pockit’s growth strategy to expand its market reach and regulatory infrastructure, while providing a lifeline to Monese after its funding challenges and significant losses.

Investor: HSBC

Investor: Kinnevik, International Airlines Group, INVC Fund, PayPal, Augmentum

Investor: Korea Investment Partners, SEEDcamp, STE Capital, SmartCap, Anthemis Group